0752 GMT - Chinese automakers are likely to report relatively weak 2Q results due to soft domestic demand and rising raw-material prices, Daiwa analysts say in a note. BYD and Geely Automobile are expected to outperform traditional automakers on strong exports, they say. NIO stands out, thanks to its strong model cycle and better product mix, the analysts add. An escalation in European Union trade barriers could pose some risks, as the bloc plans to extend tariff hikes to imports of Chinese plug-in hybrids, they say. The EU's latest Industrial Acceleration Act mandates local-content requirements in public procurement and subsidies. Chinese automakers with manufacturing capacity in the region are in a strong position for further EU market-share gains, they add. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

(END) Dow Jones Newswires

July 10, 2026 03:52 ET (07:52 GMT)

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